WEBVTT

1
00:00:00.920 --> 00:00:04.799
<v Speaker 1>You're listening to bill Handle on demand from KFI AM

2
00:00:04.799 --> 00:00:05.679
<v Speaker 1>six forty.

3
00:00:06.839 --> 00:00:10.439
<v Speaker 2>KF I am a six forty bill handle here. December two,

4
00:00:10.640 --> 00:00:13.720
<v Speaker 2>last month. Boy, this year has zipped by. We always

5
00:00:13.720 --> 00:00:16.719
<v Speaker 2>say that, don't we. Oh my god, it's going so quickly.

6
00:00:16.719 --> 00:00:19.079
<v Speaker 2>I can't believe where this year is gone. And there's

7
00:00:19.160 --> 00:00:22.359
<v Speaker 2>an entire theory about that. Because when you were a kid,

8
00:00:22.440 --> 00:00:24.600
<v Speaker 2>you know, remember when we left, you had three months

9
00:00:24.679 --> 00:00:26.039
<v Speaker 2>off vacation.

10
00:00:26.160 --> 00:00:27.079
<v Speaker 1>It seemed forever.

11
00:00:27.679 --> 00:00:29.719
<v Speaker 2>Now three months goes by in a blink, because it's

12
00:00:29.760 --> 00:00:31.359
<v Speaker 2>a percentage of how long you've lived.

13
00:00:31.399 --> 00:00:33.479
<v Speaker 1>I think it is where three.

14
00:00:33.240 --> 00:00:38.079
<v Speaker 2>Months, you know, just is done, and it's what percentage

15
00:00:38.119 --> 00:00:40.039
<v Speaker 2>of your life is a year?

16
00:00:40.119 --> 00:00:40.399
<v Speaker 3>Now?

17
00:00:41.320 --> 00:00:45.079
<v Speaker 1>Okay, let's oh, here's what I want to talk about.

18
00:00:45.280 --> 00:00:46.079
<v Speaker 1>This was big news.

19
00:00:46.079 --> 00:00:50.320
<v Speaker 2>And Neil yesterday texted me seconds after I found out

20
00:00:50.359 --> 00:00:52.719
<v Speaker 2>because I get alerts and you get alerts, and that

21
00:00:52.880 --> 00:00:55.600
<v Speaker 2>is Joe Biden hunt pardon his son Hunter?

22
00:00:56.960 --> 00:00:58.479
<v Speaker 1>And was I surprised?

23
00:00:58.560 --> 00:01:01.039
<v Speaker 2>Yeah, because I actually believed Joe Biden when he said,

24
00:01:01.079 --> 00:01:04.480
<v Speaker 2>under no circumstances will I pardon Hunter? Absolutely not. I

25
00:01:04.480 --> 00:01:07.120
<v Speaker 2>mean he said it over and over again. Nope, not

26
00:01:07.159 --> 00:01:08.400
<v Speaker 2>going to do it.

27
00:01:08.519 --> 00:01:10.200
<v Speaker 1>Just is not going to happen. Of course he did it.

28
00:01:11.079 --> 00:01:14.040
<v Speaker 2>Now and there's a question I have, and I'm going

29
00:01:14.079 --> 00:01:17.840
<v Speaker 2>to ask this of Wayne coming up at eight thirty,

30
00:01:17.920 --> 00:01:22.239
<v Speaker 2>do they have a case? Because Wayne understands this issue

31
00:01:22.280 --> 00:01:24.439
<v Speaker 2>more than most. I mean, he happens to have been

32
00:01:24.439 --> 00:01:27.439
<v Speaker 2>in the justice system, the criminal justice system of the

33
00:01:27.480 --> 00:01:31.400
<v Speaker 2>Department of Justice for twenty eight years, and boy does

34
00:01:31.439 --> 00:01:34.439
<v Speaker 2>he know his stuff. So what Joe Biden does is

35
00:01:34.439 --> 00:01:39.480
<v Speaker 2>issue a full and unconditional pardon for Hunter. And the

36
00:01:39.560 --> 00:01:43.159
<v Speaker 2>reason is that there was this legal cloud that has

37
00:01:43.239 --> 00:01:50.239
<v Speaker 2>hungover Hunter for several years, and that in fact, the attack,

38
00:01:50.480 --> 00:01:53.719
<v Speaker 2>the criminal attack, the judicial attack.

39
00:01:53.439 --> 00:01:55.319
<v Speaker 1>On Hunter, was politically motivated.

40
00:01:56.920 --> 00:02:01.120
<v Speaker 2>And here is where comparison is made with Hunter and

41
00:02:01.760 --> 00:02:02.560
<v Speaker 2>President to be.

42
00:02:04.719 --> 00:02:05.400
<v Speaker 1>Donald Trump.

43
00:02:05.799 --> 00:02:09.080
<v Speaker 2>Donald Trump has always argued that his the attack on

44
00:02:09.240 --> 00:02:11.400
<v Speaker 2>him has been politically motivated, that was it.

45
00:02:12.000 --> 00:02:13.120
<v Speaker 1>He's done nothing wrong.

46
00:02:13.800 --> 00:02:18.960
<v Speaker 2>The people in that overran the capital did nothing wrong,

47
00:02:19.000 --> 00:02:21.759
<v Speaker 2>and he's gonna probably pardon the vast majority of them,

48
00:02:21.800 --> 00:02:23.159
<v Speaker 2>as a matter of fact, certainly in a pardon the

49
00:02:23.240 --> 00:02:28.000
<v Speaker 2>vast majority of them. Here is the problem is that

50
00:02:28.840 --> 00:02:31.680
<v Speaker 2>if you want to give credibility, I can see where

51
00:02:31.879 --> 00:02:37.879
<v Speaker 2>Donald Trump argues that he was attacked politically, and I

52
00:02:37.919 --> 00:02:41.520
<v Speaker 2>think the severity of what Donald Trump did versus the

53
00:02:41.560 --> 00:02:43.080
<v Speaker 2>severity of what Hunter.

54
00:02:42.919 --> 00:02:46.000
<v Speaker 1>Biden did are night and day. But the argument that

55
00:02:46.039 --> 00:02:50.280
<v Speaker 1>Trump was attacked politically holds water.

56
00:02:51.520 --> 00:02:57.560
<v Speaker 2>The argument that Hunter was attacked politically, it was Biden's

57
00:02:57.560 --> 00:03:00.800
<v Speaker 2>Department of Justice did this, his own Department of Justice

58
00:03:01.520 --> 00:03:06.759
<v Speaker 2>that politically went after Hunter. I mean, really, now, why

59
00:03:06.759 --> 00:03:09.000
<v Speaker 2>did they go after a Hunter? Well, I'm going to

60
00:03:09.000 --> 00:03:12.560
<v Speaker 2>tell you what I feel about it is that President Biden,

61
00:03:12.639 --> 00:03:16.000
<v Speaker 2>like most other presidents, there was a firewall between the

62
00:03:16.039 --> 00:03:18.599
<v Speaker 2>presidency and the Department of Justice. There doesn't have to be,

63
00:03:19.639 --> 00:03:23.000
<v Speaker 2>but that is simply procedure, and it's the way it's

64
00:03:23.039 --> 00:03:25.719
<v Speaker 2>been for years and years. You stay out of it.

65
00:03:26.120 --> 00:03:28.960
<v Speaker 2>The president does not tell the Department of Justice what

66
00:03:29.080 --> 00:03:32.360
<v Speaker 2>to do in criminal cases. That's going to change completely

67
00:03:32.400 --> 00:03:37.639
<v Speaker 2>come January twentieth and under that a special prosecutor was

68
00:03:37.719 --> 00:03:42.000
<v Speaker 2>named because of the issue alone, the political issue as

69
00:03:42.000 --> 00:03:46.039
<v Speaker 2>a matter of fact, under Merit gar Garland, and the

70
00:03:46.199 --> 00:03:50.159
<v Speaker 2>entire argument that let's not make it political. A special

71
00:03:50.199 --> 00:03:54.599
<v Speaker 2>prosecutor independent goes after Hunter Biden to prove the case.

72
00:03:57.800 --> 00:04:03.039
<v Speaker 2>That is a huge difference, and so Biden saying this

73
00:04:03.159 --> 00:04:04.000
<v Speaker 2>was a political attack.

74
00:04:04.039 --> 00:04:05.759
<v Speaker 1>Of course, there were political attacks on Hunter.

75
00:04:05.919 --> 00:04:08.080
<v Speaker 2>It was a huge political attack, but that was by

76
00:04:08.080 --> 00:04:11.280
<v Speaker 2>the Republicans and it didn't have anything to do with

77
00:04:11.520 --> 00:04:16.399
<v Speaker 2>a department going after Hunter Biden for crimes. He pled guilty.

78
00:04:16.759 --> 00:04:20.759
<v Speaker 2>He pled guilty to tax evasion. He didn't pay one

79
00:04:20.759 --> 00:04:23.600
<v Speaker 2>point four million dollars that he owed on taxes that

80
00:04:23.680 --> 00:04:28.480
<v Speaker 2>he spent on cocaine and hookers and strippers, and I

81
00:04:28.519 --> 00:04:32.360
<v Speaker 2>mean he has had riproaring good time or bad time.

82
00:04:33.160 --> 00:04:36.199
<v Speaker 2>And then he was absolutely guilty of a gun infraction.

83
00:04:36.319 --> 00:04:40.439
<v Speaker 2>He bought a gun and he put on the forum,

84
00:04:40.560 --> 00:04:43.879
<v Speaker 2>I do not use drugs. I am not a drug user,

85
00:04:43.959 --> 00:04:47.279
<v Speaker 2>and he clearly was. He admitted he was, and so

86
00:04:47.319 --> 00:04:49.759
<v Speaker 2>they nabbed him on that. Now, how big a deal

87
00:04:49.839 --> 00:04:52.439
<v Speaker 2>is that, Well, he had that gun for eleven days

88
00:04:52.439 --> 00:04:54.439
<v Speaker 2>and it was never used in any crime at all,

89
00:04:55.199 --> 00:04:58.959
<v Speaker 2>was never used for anything. And so the argument is

90
00:04:59.040 --> 00:05:02.199
<v Speaker 2>he wouldn't have been tagged anyway with that, and the

91
00:05:02.240 --> 00:05:07.120
<v Speaker 2>tax situation was pretty serious. But again here is the

92
00:05:07.240 --> 00:05:11.720
<v Speaker 2>argument between the two, and that is that what Hunter

93
00:05:11.800 --> 00:05:17.040
<v Speaker 2>Biden did, had he not been Joe Biden's son, he

94
00:05:17.120 --> 00:05:21.439
<v Speaker 2>would not have been charged and it would be let

95
00:05:21.519 --> 00:05:25.000
<v Speaker 2>go because people in the same position as he is

96
00:05:25.160 --> 00:05:27.959
<v Speaker 2>guilty of the same crimes. Pleading guilty under the same

97
00:05:28.040 --> 00:05:34.600
<v Speaker 2>circumstances would not be charged. Didn't matter because Dad went

98
00:05:34.639 --> 00:05:37.680
<v Speaker 2>ahead and pardoned him unconditionally. This is why I'm going

99
00:05:37.759 --> 00:05:40.959
<v Speaker 2>to ask Wayne this at eight thirty. Usually as do

100
00:05:41.000 --> 00:05:42.879
<v Speaker 2>they have a case, and Wayne goes through the cases.

101
00:05:42.879 --> 00:05:45.199
<v Speaker 2>But today I want to spend a segment talking about

102
00:05:45.240 --> 00:05:50.839
<v Speaker 2>the legality here. Is any of this true? That Hunter Biden,

103
00:05:50.959 --> 00:05:53.519
<v Speaker 2>but for being the President's son, would never be in

104
00:05:53.560 --> 00:05:58.000
<v Speaker 2>the same position. And the President said in a lengthy

105
00:05:58.040 --> 00:06:01.600
<v Speaker 2>statement the reason he's part of his son. I wish

106
00:06:01.680 --> 00:06:04.879
<v Speaker 2>he had just said because he's my son. You know,

107
00:06:05.959 --> 00:06:11.120
<v Speaker 2>that's the way it goes, you know, Arnold Schwarzenegger pardoned

108
00:06:11.199 --> 00:06:14.160
<v Speaker 2>or commuted. That sends of Fabio Nunez, who was the

109
00:06:14.560 --> 00:06:16.399
<v Speaker 2>head of the Assembly, who was Speaker of the Assembly

110
00:06:16.439 --> 00:06:20.519
<v Speaker 2>of California, and he was now outright and he said, hey,

111
00:06:20.560 --> 00:06:24.800
<v Speaker 2>I did it for a friend. It's that simple, you know. Okay,

112
00:06:25.480 --> 00:06:28.839
<v Speaker 2>how do you argue with that? And I wish that

113
00:06:29.199 --> 00:06:32.040
<v Speaker 2>Biden had said, hey, he's my son. I have the

114
00:06:32.040 --> 00:06:34.000
<v Speaker 2>power to piden him, to pardon him. I don't want

115
00:06:34.040 --> 00:06:35.720
<v Speaker 2>him to go to jail. And that's what I can do.

116
00:06:36.360 --> 00:06:37.720
<v Speaker 1>You know, I would do the same for you if

117
00:06:37.759 --> 00:06:41.040
<v Speaker 1>you or my son, but you're not. You know, it's

118
00:06:41.079 --> 00:06:41.680
<v Speaker 1>real simple.

119
00:06:42.120 --> 00:06:44.959
<v Speaker 2>You know, if my grandmother had balls, she'd be my grandfather,

120
00:06:45.319 --> 00:06:45.839
<v Speaker 2>but she's not.

121
00:06:47.360 --> 00:06:49.720
<v Speaker 1>It's that simple. Does that analogy work, by the way,

122
00:06:49.800 --> 00:06:50.439
<v Speaker 1>I think it does.

123
00:06:51.639 --> 00:06:53.879
<v Speaker 3>Well. You got to say balls, buddy, I did.

124
00:06:54.360 --> 00:06:55.600
<v Speaker 1>I did balls to the wall.

125
00:06:56.000 --> 00:06:59.720
<v Speaker 2>So anyway this ends up with complete hypocrisy. I can

126
00:06:59.800 --> 00:07:02.800
<v Speaker 2>see him doing it. I would probably do the same

127
00:07:02.839 --> 00:07:05.519
<v Speaker 2>thing for my kid, except just be honest about it,

128
00:07:05.600 --> 00:07:09.879
<v Speaker 2>say hey, too bad, it's my kid and he has balls.

129
00:07:10.519 --> 00:07:12.720
<v Speaker 1>I would do the same for my daughter who doesn't.

130
00:07:16.920 --> 00:07:19.279
<v Speaker 2>There is a guy by the name of John Collins, Black,

131
00:07:19.439 --> 00:07:23.680
<v Speaker 2>very interesting guy, and he early on got involved in

132
00:07:23.759 --> 00:07:29.079
<v Speaker 2>bitcoin when it was pennies, and obviously he's got a

133
00:07:29.079 --> 00:07:34.240
<v Speaker 2>ton of money, and he's been a lifelong fantasy guy, games,

134
00:07:34.839 --> 00:07:38.920
<v Speaker 2>dungeons and dragons, all of that since childhood. And so

135
00:07:39.000 --> 00:07:44.399
<v Speaker 2>by twenty fifteen is a musician, successful entrepreneur, successful, looking

136
00:07:44.439 --> 00:07:44.720
<v Speaker 2>for a.

137
00:07:44.720 --> 00:07:45.439
<v Speaker 1>Change of pace.

138
00:07:45.480 --> 00:07:47.839
<v Speaker 2>And he said, I want to do a project and

139
00:07:47.879 --> 00:07:52.360
<v Speaker 2>I want to connect with my younger imagination. I want

140
00:07:52.360 --> 00:07:54.240
<v Speaker 2>to go back to when I was basically a kid.

141
00:07:55.079 --> 00:07:58.879
<v Speaker 2>So he was motive motivated by a treasure hunt launched

142
00:07:58.920 --> 00:08:05.600
<v Speaker 2>in twenty twenty by Forest fen and Forest Finn published

143
00:08:06.120 --> 00:08:10.959
<v Speaker 2>all the clues of this treasure hunt, and obviously they

144
00:08:11.000 --> 00:08:15.319
<v Speaker 2>were obscure enough where it took some real real doing.

145
00:08:15.480 --> 00:08:17.040
<v Speaker 1>By the way, I don't know if that was found.

146
00:08:17.120 --> 00:08:18.240
<v Speaker 1>Do we know if that was found?

147
00:08:18.560 --> 00:08:23.439
<v Speaker 2>The story doesn't say if the original single chest hidden

148
00:08:23.560 --> 00:08:31.439
<v Speaker 2>in the Rocky Mountains. Multiple groups of people went across

149
00:08:31.480 --> 00:08:33.360
<v Speaker 2>the country trying to figure this out. In the Rocky

150
00:08:33.360 --> 00:08:36.440
<v Speaker 2>Mountains it was I guess it was found and someone

151
00:08:36.440 --> 00:08:40.759
<v Speaker 2>picked up a million dollars. Well what this guy does,

152
00:08:41.080 --> 00:08:44.080
<v Speaker 2>Collins Black says, Okay, first of all, I want a

153
00:08:44.080 --> 00:08:47.879
<v Speaker 2>bunch of chests, so he five is what he produced,

154
00:08:48.639 --> 00:08:51.360
<v Speaker 2>and that's to give in different parts of the country,

155
00:08:51.480 --> 00:08:54.200
<v Speaker 2>and people know which part of the country a chest

156
00:08:54.440 --> 00:08:54.799
<v Speaker 2>is in.

157
00:08:56.240 --> 00:08:57.200
<v Speaker 1>And what he.

158
00:08:57.120 --> 00:09:02.279
<v Speaker 2>Did is he produced there's measure inside and it is

159
00:09:02.320 --> 00:09:06.399
<v Speaker 2>a book, very clever. And what he does it's even

160
00:09:06.440 --> 00:09:10.440
<v Speaker 2>to entertain people who aren't looking for the treasure. It's

161
00:09:10.480 --> 00:09:11.600
<v Speaker 2>supposedly that good.

162
00:09:11.639 --> 00:09:13.960
<v Speaker 1>I haven't read enough about it.

163
00:09:14.600 --> 00:09:19.279
<v Speaker 2>But and this is the CNN story, The Treasure Box,

164
00:09:19.399 --> 00:09:22.720
<v Speaker 2>the five boxes containing sixty five rare items weird it's

165
00:09:22.759 --> 00:09:28.039
<v Speaker 2>not just money, gold and precious metals, and just what

166
00:09:28.159 --> 00:09:31.840
<v Speaker 2>he thought were kinds of treasures that people would go for,

167
00:09:34.399 --> 00:09:39.000
<v Speaker 2>and what are they. It's really interesting as to what

168
00:09:39.159 --> 00:09:42.440
<v Speaker 2>he has decided. First of all, it's a custom design

169
00:09:42.519 --> 00:09:45.360
<v Speaker 2>puzzle box, and I'm looking at it, and there are

170
00:09:45.399 --> 00:09:47.600
<v Speaker 2>instructions for unlocking.

171
00:09:47.720 --> 00:09:49.120
<v Speaker 1>The box itself.

172
00:09:49.679 --> 00:09:52.440
<v Speaker 2>And each chapter of the book contains clues leading to

173
00:09:52.480 --> 00:09:55.159
<v Speaker 2>one of the five chests, and he says, anyone can

174
00:09:55.200 --> 00:09:58.519
<v Speaker 2>find the treasure. All the clues you need are in

175
00:09:58.799 --> 00:10:03.000
<v Speaker 2>the book. And to make sure there were no leaks,

176
00:10:03.919 --> 00:10:08.120
<v Speaker 2>he worked with very few strategists and editors to avoid

177
00:10:08.200 --> 00:10:13.200
<v Speaker 2>any leaks. He wouldn't tell his wife where the treasures were.

178
00:10:14.159 --> 00:10:16.600
<v Speaker 2>He said, I couldn't consult with other people because I

179
00:10:16.759 --> 00:10:20.039
<v Speaker 2>didn't want them to have the burden of knowing.

180
00:10:21.279 --> 00:10:23.960
<v Speaker 1>And so there was no clear blueprint for doing this.

181
00:10:24.639 --> 00:10:28.799
<v Speaker 2>So he experimented through trial and error, and he was

182
00:10:28.840 --> 00:10:32.440
<v Speaker 2>programming the difficulty of the clues. It's almost like the

183
00:10:32.480 --> 00:10:37.919
<v Speaker 2>New York Times crossword puzzle section, where on Monday.

184
00:10:37.679 --> 00:10:40.519
<v Speaker 1>It's fairly easy, and then it gets more and more.

185
00:10:40.360 --> 00:10:45.919
<v Speaker 2>Difficult, and by Sunday, very few people can figure out

186
00:10:46.000 --> 00:10:47.600
<v Speaker 2>the entire puzzle.

187
00:10:47.679 --> 00:10:48.120
<v Speaker 1>By the way.

188
00:10:48.440 --> 00:10:52.360
<v Speaker 2>Just an aside. Bill Clinton huge puzzle fan. He does

189
00:10:52.399 --> 00:10:55.919
<v Speaker 2>crossword puzzles like crazy. John Stewart another one who is

190
00:10:55.919 --> 00:10:58.440
<v Speaker 2>absolutely nuts about crossword puzzles.

191
00:10:58.440 --> 00:11:02.639
<v Speaker 1>But back to this story.

192
00:11:02.200 --> 00:11:05.120
<v Speaker 2>And there's treasure inside this book has already created this

193
00:11:05.240 --> 00:11:09.279
<v Speaker 2>huge buzz, thousands of participants gathering on discussion channels to

194
00:11:09.360 --> 00:11:14.639
<v Speaker 2>share their their theories. Some are convinced they've pinpointed the

195
00:11:14.679 --> 00:11:20.519
<v Speaker 2>states where their treasure is located. Uh and he said,

196
00:11:20.559 --> 00:11:23.759
<v Speaker 2>there's no dangerous underwater explanation, there's no climbing, there's no

197
00:11:23.960 --> 00:11:28.080
<v Speaker 2>entering private property, and anyone of average health can travel

198
00:11:28.120 --> 00:11:28.799
<v Speaker 2>to the sites.

199
00:11:28.879 --> 00:11:29.519
<v Speaker 1>No digging.

200
00:11:30.240 --> 00:11:32.919
<v Speaker 2>He said, I want the treasure to hunt to be demanding,

201
00:11:34.240 --> 00:11:36.000
<v Speaker 2>and I do hope and think it may take a

202
00:11:36.000 --> 00:11:38.799
<v Speaker 2>little while, but I don't want this to take forever.

203
00:11:39.960 --> 00:11:44.039
<v Speaker 2>And if they are not found for several years, he

204
00:11:44.159 --> 00:11:46.960
<v Speaker 2>will then release additional clues or.

205
00:11:47.480 --> 00:11:53.600
<v Speaker 1>Maybe even a sequel to his book. Ah ha, there's

206
00:11:53.600 --> 00:11:56.879
<v Speaker 1>as madness to his method.

207
00:11:57.000 --> 00:12:01.360
<v Speaker 2>To his madness, oress to his method, well said, thank you.

208
00:12:02.000 --> 00:12:05.639
<v Speaker 2>There's a sapphire and diamond brooch earned by that was

209
00:12:05.759 --> 00:12:08.840
<v Speaker 2>worn by Jackie Kennedy during her time in.

210
00:12:08.840 --> 00:12:09.440
<v Speaker 1>The White House.

211
00:12:10.840 --> 00:12:14.639
<v Speaker 2>What he did Colins Black has meticulously curated the treasures

212
00:12:16.000 --> 00:12:19.399
<v Speaker 2>to create a wide range of interests. So what Colins

213
00:12:19.399 --> 00:12:22.360
<v Speaker 2>Black did is attend a bunch of auctions until he

214
00:12:22.440 --> 00:12:25.919
<v Speaker 2>created this one of a kind collections. And he financed

215
00:12:25.960 --> 00:12:29.440
<v Speaker 2>those pieces because they weren't cheap with money he made

216
00:12:29.480 --> 00:12:30.080
<v Speaker 2>from bitcoin.

217
00:12:31.440 --> 00:12:32.879
<v Speaker 1>So what does he have in there?

218
00:12:33.159 --> 00:12:37.840
<v Speaker 2>Rare Pokemon cards, a ship wrecked bounty, sports memorabilia, gold

219
00:12:38.080 --> 00:12:44.200
<v Speaker 2>precious metals, items owned or made by Pablo Picasso, George Washington,

220
00:12:44.320 --> 00:12:49.360
<v Speaker 2>items owned by George Washington, Amelia Earhart, and a bunch

221
00:12:49.440 --> 00:12:55.360
<v Speaker 2>of money, gold coins, etc. And the only item on

222
00:12:55.440 --> 00:12:58.759
<v Speaker 2>his wish lists that he couldn't get, as he describes it,

223
00:12:58.960 --> 00:13:04.519
<v Speaker 2>was one of Albert Einstein's pipes, which he lost in

224
00:13:04.559 --> 00:13:09.360
<v Speaker 2>a bidding war. Other than that, he got everything he wanted.

225
00:13:11.240 --> 00:13:17.360
<v Speaker 2>And I am so impressed with his thinking because the

226
00:13:17.919 --> 00:13:23.320
<v Speaker 2>combined prize value is more than two million dollars. Now

227
00:13:23.720 --> 00:13:27.039
<v Speaker 2>is he going to publish more than two million books?

228
00:13:28.799 --> 00:13:30.840
<v Speaker 2>Look at the publicity.

229
00:13:30.279 --> 00:13:32.519
<v Speaker 1>That he is getting. For example, there was an entire

230
00:13:32.559 --> 00:13:33.519
<v Speaker 1>segment on this show.

231
00:13:33.759 --> 00:13:36.440
<v Speaker 2>That's not to say zillions of people listening to this show,

232
00:13:37.600 --> 00:13:41.320
<v Speaker 2>but certainly you've got well, you used to have over

233
00:13:41.360 --> 00:13:43.080
<v Speaker 2>a million listening to the show, and then it went

234
00:13:43.120 --> 00:13:45.840
<v Speaker 2>down to several hundred thousand, and then it went down

235
00:13:45.879 --> 00:13:48.600
<v Speaker 2>to about seventy thousand. So for all four of you

236
00:13:48.639 --> 00:13:53.240
<v Speaker 2>that are still listening to this show, the book is

237
00:13:53.279 --> 00:13:58.120
<v Speaker 2>called There's Treasure Inside, and you too can go for

238
00:13:58.320 --> 00:14:02.240
<v Speaker 2>two million dollar. Well actually it's over five items, so

239
00:14:02.279 --> 00:14:05.519
<v Speaker 2>no one's going to get all five. It's if you

240
00:14:05.519 --> 00:14:07.960
<v Speaker 2>break it down, it's half a million dollars. That's kind

241
00:14:07.960 --> 00:14:09.879
<v Speaker 2>of fun, isn't it.

242
00:14:10.000 --> 00:14:10.879
<v Speaker 1>The treasure hunt.

243
00:14:12.080 --> 00:14:14.080
<v Speaker 3>I would do that if I had the money. Yeah,

244
00:14:14.440 --> 00:14:16.559
<v Speaker 3>my wife would not be happy about it.

245
00:14:16.600 --> 00:14:17.399
<v Speaker 1>But that's true.

246
00:14:17.440 --> 00:14:21.399
<v Speaker 4>That's what I think money is for, to do interesting things.

247
00:14:21.480 --> 00:14:22.080
<v Speaker 1>That's why he.

248
00:14:22.080 --> 00:14:25.559
<v Speaker 2>Did this, because he's made enough money and he goes, now,

249
00:14:25.600 --> 00:14:26.919
<v Speaker 2>I want to do something interesting.

250
00:14:26.960 --> 00:14:29.559
<v Speaker 1>We're not talking about playing golf or lolling at the beach.

251
00:14:30.000 --> 00:14:31.639
<v Speaker 2>He's going back to the time that he was a

252
00:14:31.720 --> 00:14:35.879
<v Speaker 2>kid and was really into these puzzle games. Good for him,

253
00:14:36.519 --> 00:14:39.399
<v Speaker 2>Good for him. Now a little bit of history that

254
00:14:39.440 --> 00:14:42.320
<v Speaker 2>I want to share with you, and that is toys,

255
00:14:43.080 --> 00:14:46.639
<v Speaker 2>toy giving and what do you do for Christmas for

256
00:14:46.720 --> 00:14:50.120
<v Speaker 2>your kids or Hanukkah? And if you look at the

257
00:14:50.120 --> 00:14:53.000
<v Speaker 2>toys and there were it toys, coveted toys that when

258
00:14:53.039 --> 00:14:55.480
<v Speaker 2>they become it's real problem for the toy industry because

259
00:14:55.919 --> 00:14:58.519
<v Speaker 2>all of these toy retailers.

260
00:14:58.000 --> 00:15:00.000
<v Speaker 1>Order months and months in advance, and what do you

261
00:15:00.000 --> 00:15:01.039
<v Speaker 1>I was going to hit or not.

262
00:15:02.240 --> 00:15:08.639
<v Speaker 2>So today they're sparkly, they're squeezable, they're electronic. But if

263
00:15:08.679 --> 00:15:11.720
<v Speaker 2>you go back, let's start with the nineteen fifties, the

264
00:15:11.799 --> 00:15:15.720
<v Speaker 2>hula hoop and the kushball. Now I never had a cushball,

265
00:15:15.759 --> 00:15:18.759
<v Speaker 2>but I've had everything else. The hula hoop, you know,

266
00:15:18.799 --> 00:15:22.879
<v Speaker 2>it's been around forever. And Whammo Fun Company, I mean

267
00:15:22.960 --> 00:15:27.279
<v Speaker 2>just completely crazy company. It came out with it out

268
00:15:27.320 --> 00:15:29.679
<v Speaker 2>of plastic, and all of a sudden they were selling

269
00:15:29.840 --> 00:15:33.159
<v Speaker 2>millions of them. Everybody had win in the country. In

270
00:15:33.240 --> 00:15:37.759
<v Speaker 2>nineteen fifty two, mister potato Head came out and I

271
00:15:37.799 --> 00:15:39.919
<v Speaker 2>followed a year later by missus potato Head.

272
00:15:40.039 --> 00:15:42.240
<v Speaker 1>And I remember having one of these, and it.

273
00:15:42.240 --> 00:15:45.679
<v Speaker 2>Turned out they were Originally you actually used a potato

274
00:15:46.559 --> 00:15:49.000
<v Speaker 2>and you would put the nose in the ears.

275
00:15:48.639 --> 00:15:49.559
<v Speaker 1>And plug them in.

276
00:15:49.600 --> 00:15:51.360
<v Speaker 2>And then they went to plastic, and then they become

277
00:15:51.399 --> 00:15:56.000
<v Speaker 2>no fun at all because potatoes are much more fun.

278
00:15:56.759 --> 00:15:59.320
<v Speaker 2>You know, different shapes and you can pretend you've got

279
00:15:59.320 --> 00:16:02.519
<v Speaker 2>an elephant, man and potato depending on the size of

280
00:16:02.559 --> 00:16:08.440
<v Speaker 2>the head, et cetera. Lincoln logs and matchbox cars came

281
00:16:08.440 --> 00:16:09.480
<v Speaker 2>out in the fifties.

282
00:16:10.799 --> 00:16:13.120
<v Speaker 1>Play dough came out.

283
00:16:12.919 --> 00:16:16.200
<v Speaker 2>In the fifties. Who didn't have play dough if you

284
00:16:16.240 --> 00:16:19.919
<v Speaker 2>were a kid in the fifties. Here's a little sidebar story.

285
00:16:20.960 --> 00:16:25.440
<v Speaker 2>Plato was invented in nineteen thirties as a wallpaper cleaner

286
00:16:26.559 --> 00:16:29.159
<v Speaker 2>until someone discovered oh.

287
00:16:29.000 --> 00:16:30.399
<v Speaker 1>Boy, playto.

288
00:16:32.320 --> 00:16:35.960
<v Speaker 2>And then in nineteen fifty nine there was a teenage

289
00:16:36.039 --> 00:16:42.360
<v Speaker 2>fashion model doll called Barbie, which may very well be

290
00:16:42.519 --> 00:16:46.399
<v Speaker 2>considered the icon certainly the iconic doll, and maybe the

291
00:16:46.639 --> 00:16:51.000
<v Speaker 2>iconic toy of the time. Also in the nineteen fifties

292
00:16:51.120 --> 00:16:53.799
<v Speaker 2>or this nineteen sixties. Now, remember the easy bake oven.

293
00:16:54.720 --> 00:16:58.080
<v Speaker 2>The easy bake oven was a toy oven that you

294
00:16:58.320 --> 00:17:03.000
<v Speaker 2>could actually bake little cakes, I mean for real, and

295
00:17:03.039 --> 00:17:07.880
<v Speaker 2>the heat was provided by a light bulb, a light bulb,

296
00:17:09.119 --> 00:17:11.440
<v Speaker 2>and you could actually bake something with it. Today you

297
00:17:11.480 --> 00:17:14.000
<v Speaker 2>can't do that because you don't have incandescent lights. All

298
00:17:14.000 --> 00:17:16.319
<v Speaker 2>you have is led lights. And if you try to

299
00:17:16.319 --> 00:17:19.640
<v Speaker 2>bake a little bit, a little tiny cake in an

300
00:17:19.640 --> 00:17:22.680
<v Speaker 2>easy bake oven today, you're baking for eight months and

301
00:17:22.720 --> 00:17:25.000
<v Speaker 2>it still hasn't finished cooking.

302
00:17:26.920 --> 00:17:31.160
<v Speaker 1>Remember etch a sketch and the light bright etch a sketch?

303
00:17:31.200 --> 00:17:32.160
<v Speaker 1>I remember it.

304
00:17:32.519 --> 00:17:35.160
<v Speaker 2>That was almost impossible to do an etch of sketch

305
00:17:35.319 --> 00:17:38.720
<v Speaker 2>with any round roundness to it. You could do straight

306
00:17:38.839 --> 00:17:40.359
<v Speaker 2>lines with an etch of sketch.

307
00:17:41.759 --> 00:17:43.599
<v Speaker 3>Yeah, you can't do circles.

308
00:17:43.400 --> 00:17:48.279
<v Speaker 4>It's people actually could Well, you could do something that

309
00:17:48.920 --> 00:17:50.240
<v Speaker 4>might resemble one.

310
00:17:50.519 --> 00:17:52.000
<v Speaker 3>Yeah, it's still kind of.

311
00:17:52.200 --> 00:17:55.559
<v Speaker 2>But yeah, if you don't know what etcha sketch is,

312
00:17:55.599 --> 00:17:57.839
<v Speaker 2>look it up, you know, go ahead.

313
00:17:57.559 --> 00:17:58.200
<v Speaker 1>And google it.

314
00:17:58.960 --> 00:18:02.359
<v Speaker 2>And Hot Wheel debuted nineteen sixty eight. I didn't know

315
00:18:02.400 --> 00:18:04.240
<v Speaker 2>that long ago. I was not a Hot Wheels guy

316
00:18:04.319 --> 00:18:08.720
<v Speaker 2>because I'm not a car guy. But these little realistic

317
00:18:08.759 --> 00:18:11.599
<v Speaker 2>built to scale and it started with Camaros and Munstangs

318
00:18:11.599 --> 00:18:15.359
<v Speaker 2>and firebirds, and then they came out with everything. Nineteen

319
00:18:15.440 --> 00:18:20.559
<v Speaker 2>seventy seven Pong. Remember Pong, one of the earliest electronic games.

320
00:18:20.559 --> 00:18:23.680
<v Speaker 2>When you look at it and you go, really, this

321
00:18:23.880 --> 00:18:28.359
<v Speaker 2>was the start of video games. Atari went big in

322
00:18:28.799 --> 00:18:31.759
<v Speaker 2>nineteen seventy seven. That was the first home gaming console.

323
00:18:32.640 --> 00:18:35.039
<v Speaker 2>It cost about two hundred dollars then, which is about

324
00:18:35.119 --> 00:18:40.079
<v Speaker 2>one thousand dollars in today's currency. So someone some kid

325
00:18:40.160 --> 00:18:43.960
<v Speaker 2>getting an atari, some parent or uncle or grandparent spend

326
00:18:43.960 --> 00:18:44.960
<v Speaker 2>a thousand bucks on it.

327
00:18:45.039 --> 00:18:50.920
<v Speaker 1>The equivalent there was the nerf ball. I remember those shrinky,

328
00:18:51.319 --> 00:18:52.559
<v Speaker 1>shrinking dinks.

329
00:18:53.799 --> 00:18:57.319
<v Speaker 2>I'm not even go into that, because I will I

330
00:18:57.400 --> 00:19:02.680
<v Speaker 2>misconstrued that one hundred percent shrinking dinks. I thought it

331
00:19:02.759 --> 00:19:06.599
<v Speaker 2>had to do with weather when it's cold, and I'm

332
00:19:06.680 --> 00:19:10.240
<v Speaker 2>just not interested in explaining that. I do remember the

333
00:19:10.279 --> 00:19:15.319
<v Speaker 2>pet rock, Now, that was marketing genius. Somebody came up

334
00:19:15.880 --> 00:19:19.559
<v Speaker 2>with taking a box and putting straw in it and

335
00:19:19.599 --> 00:19:25.119
<v Speaker 2>putting in a rock, and then instructions on how to

336
00:19:25.160 --> 00:19:28.319
<v Speaker 2>feed your rock, and how to take care of your rock,

337
00:19:29.039 --> 00:19:33.640
<v Speaker 2>and how to be emotionally connected to your rock.

338
00:19:35.720 --> 00:19:38.839
<v Speaker 1>And it sold in the millions.

339
00:19:39.640 --> 00:19:41.559
<v Speaker 2>I think it was an advertising guy that came up

340
00:19:41.599 --> 00:19:46.640
<v Speaker 2>with that, if I'm not mistaken. Speak and Spell that

341
00:19:46.799 --> 00:19:50.400
<v Speaker 2>was Texas Instruments, and it was one of the first

342
00:19:50.440 --> 00:19:55.519
<v Speaker 2>predictive coding speech synthesizer. And the language was with this

343
00:19:56.279 --> 00:20:03.480
<v Speaker 2>talky robotic twist because early days voice were very robotic. Today,

344
00:20:03.519 --> 00:20:08.359
<v Speaker 2>of course, man, I got I'm getting these scam calls

345
00:20:08.359 --> 00:20:14.440
<v Speaker 2>that look that sounds so good that you know you answer,

346
00:20:14.519 --> 00:20:16.920
<v Speaker 2>I don't understand you know somebody who pitched something I

347
00:20:16.920 --> 00:20:19.839
<v Speaker 2>don't understand. Oh you don't understand, well, let me explain

348
00:20:19.880 --> 00:20:23.279
<v Speaker 2>it again. This is a this is an algorithm that's

349
00:20:23.319 --> 00:20:23.680
<v Speaker 2>doing that.

350
00:20:26.000 --> 00:20:29.319
<v Speaker 1>So I answered space spam calls. Hopefully I can talk

351
00:20:29.400 --> 00:20:29.880
<v Speaker 1>to someone.

352
00:20:31.200 --> 00:20:36.240
<v Speaker 2>So Star Wars action figures that was the earliest, earliest.

353
00:20:36.240 --> 00:20:39.839
<v Speaker 2>This is George, George Lucas and his genius. Not only

354
00:20:39.920 --> 00:20:43.880
<v Speaker 2>a brilliant, brilliant filmmaker. By the way, he would take

355
00:20:43.880 --> 00:20:47.079
<v Speaker 2>a year to write his movies, a year to write

356
00:20:47.079 --> 00:20:51.559
<v Speaker 2>those Star Wars movies, and then he would direct them.

357
00:20:51.799 --> 00:20:55.599
<v Speaker 2>And then he discovered early took a wild guess before

358
00:20:55.720 --> 00:20:59.400
<v Speaker 2>the movie was released. He cut deals for action figures

359
00:20:59.839 --> 00:21:04.960
<v Speaker 2>and tie ins before anyone else did that, and the

360
00:21:05.440 --> 00:21:08.839
<v Speaker 2>Star Wars action figures after the nineteen seventy seven release

361
00:21:08.880 --> 00:21:13.359
<v Speaker 2>of the original Star Wars went completely crazy. The Rubik's

362
00:21:13.480 --> 00:21:17.359
<v Speaker 2>Cube came out nineteen eighty and it was a Hungarian

363
00:21:17.599 --> 00:21:22.000
<v Speaker 2>architecture professor who invented in nineteen seventy four. Then, for

364
00:21:22.160 --> 00:21:25.559
<v Speaker 2>you little girls or you little boys who think they're

365
00:21:25.559 --> 00:21:30.359
<v Speaker 2>little girls, my little pony pound puppies care bears. Remember

366
00:21:30.400 --> 00:21:34.640
<v Speaker 2>the craziness with Cabbage Patch kids where mothers would get

367
00:21:34.640 --> 00:21:39.039
<v Speaker 2>into fist fights over cabbage patch kids and.

368
00:21:38.960 --> 00:21:41.920
<v Speaker 1>They were going for hundreds and hundreds of dollars.

369
00:21:42.920 --> 00:21:48.319
<v Speaker 2>Chia pets were great where you could actually grow animal figurines.

370
00:21:48.319 --> 00:21:53.039
<v Speaker 2>My favorite was a bald figuring that you planted these

371
00:21:53.480 --> 00:21:57.680
<v Speaker 2>little seeds and then you had this hair of grass.

372
00:21:57.720 --> 00:22:01.440
<v Speaker 2>I was big on thatchia yep. I remember that commercial

373
00:22:01.480 --> 00:22:06.000
<v Speaker 2>the Tamago cheese. The Tamaguccies Beanie Babies was another one

374
00:22:06.039 --> 00:22:10.440
<v Speaker 2>of those where for some reason, limited edition beanie babies

375
00:22:10.480 --> 00:22:14.119
<v Speaker 2>went for hundreds, sometimes thousands of dollars. An artificial market

376
00:22:14.720 --> 00:22:20.519
<v Speaker 2>was created Ferbies, which created an entire group of mentally

377
00:22:20.559 --> 00:22:25.160
<v Speaker 2>ill people who think they are ferbies, dressed like ferbies

378
00:22:25.240 --> 00:22:26.960
<v Speaker 2>and their world is furbies.

379
00:22:27.519 --> 00:22:29.680
<v Speaker 1>I want you to go to for those of you

380
00:22:29.720 --> 00:22:30.039
<v Speaker 1>that do.

381
00:22:30.079 --> 00:22:32.279
<v Speaker 2>That and you're looking for a job, go into the

382
00:22:32.400 --> 00:22:36.079
<v Speaker 2>job interview dressed as a Ferbie and see how well

383
00:22:36.119 --> 00:22:40.000
<v Speaker 2>that works out for you. And people spend thousands of

384
00:22:40.039 --> 00:22:44.960
<v Speaker 2>dollars on these costumes. I mean, and there's a whole cause,

385
00:22:45.200 --> 00:22:50.920
<v Speaker 2>there's a whole cosplay thing, Pokemon trading cards, PlayStation two,

386
00:22:51.240 --> 00:22:55.119
<v Speaker 2>Xbox three sixty of course, the Razor scooter. I had

387
00:22:55.160 --> 00:22:55.880
<v Speaker 2>one of those.

388
00:22:57.319 --> 00:23:00.920
<v Speaker 1>Juju pets. I think it is that a panda. I

389
00:23:00.920 --> 00:23:05.599
<v Speaker 1>don't know. I remember brats, those little dolls that talk

390
00:23:05.720 --> 00:23:06.279
<v Speaker 1>back to.

391
00:23:06.319 --> 00:23:09.200
<v Speaker 3>You, And didn't you call that your daughters?

392
00:23:09.319 --> 00:23:12.599
<v Speaker 2>I pretty well do. And so some of these toys

393
00:23:12.640 --> 00:23:15.519
<v Speaker 2>are just great fun. And these are the classics, and

394
00:23:15.559 --> 00:23:18.799
<v Speaker 2>some of them are still around. I think easy bake

395
00:23:18.880 --> 00:23:21.920
<v Speaker 2>ovens are kind of finished. Maybe they have a quartz

396
00:23:21.920 --> 00:23:25.240
<v Speaker 2>filament that the kids put their hands in and get

397
00:23:25.279 --> 00:23:27.000
<v Speaker 2>their degree burns when they're cooking.

398
00:23:27.079 --> 00:23:27.519
<v Speaker 1>I don't know.

399
00:23:29.200 --> 00:23:33.039
<v Speaker 2>All right, So there's a story now, because well it's

400
00:23:33.279 --> 00:23:36.759
<v Speaker 2>the holiday season and gifts are to be made and

401
00:23:36.920 --> 00:23:40.799
<v Speaker 2>shoppers are to be shopping, and more shoppers than ever

402
00:23:41.000 --> 00:23:44.000
<v Speaker 2>are on track to use the buy now, pay later plans.

403
00:23:46.240 --> 00:23:48.279
<v Speaker 2>You know, isn't that the same as a credit card

404
00:23:48.319 --> 00:23:53.519
<v Speaker 2>payment where you pay it later. Well, there's a little

405
00:23:53.519 --> 00:23:57.720
<v Speaker 2>bit of difference, and more people are doing that because

406
00:23:57.839 --> 00:23:59.319
<v Speaker 2>inflation has hit.

407
00:23:59.400 --> 00:24:00.720
<v Speaker 1>It's not there anymore.

408
00:24:00.759 --> 00:24:06.400
<v Speaker 2>But there's already record high prices and record high credit

409
00:24:06.480 --> 00:24:11.559
<v Speaker 2>card debt because much like credit card debt, if you

410
00:24:11.680 --> 00:24:16.039
<v Speaker 2>put off or you buy products with plastic or on

411
00:24:16.119 --> 00:24:17.519
<v Speaker 2>a layaway plan.

412
00:24:17.359 --> 00:24:20.559
<v Speaker 1>You're not paying for it right now. You pay for

413
00:24:20.640 --> 00:24:21.039
<v Speaker 1>it later.

414
00:24:22.480 --> 00:24:25.960
<v Speaker 2>And here is the rub And here is why the

415
00:24:25.960 --> 00:24:29.279
<v Speaker 2>critics are saying this is a bad idea, because one,

416
00:24:29.960 --> 00:24:35.079
<v Speaker 2>you're putting it on your credit card, you know, buy now,

417
00:24:35.359 --> 00:24:38.680
<v Speaker 2>pay later plans. Well, they mean that you don't have

418
00:24:38.680 --> 00:24:41.119
<v Speaker 2>the money. Now, if you have the money, you'd go

419
00:24:41.119 --> 00:24:44.880
<v Speaker 2>in and buy the product. Or what's happening is if

420
00:24:44.920 --> 00:24:48.480
<v Speaker 2>you have the money, you stretch it out and buy

421
00:24:48.519 --> 00:24:51.880
<v Speaker 2>more products, you put them on credit cards, and you

422
00:24:51.920 --> 00:24:56.880
<v Speaker 2>get hit both late payments if your credit card is

423
00:24:56.920 --> 00:25:00.599
<v Speaker 2>maxed out, huge interest on your credit card, and you

424
00:25:00.680 --> 00:25:05.279
<v Speaker 2>get all these late payments and penalties on the layaway

425
00:25:05.319 --> 00:25:10.759
<v Speaker 2>plane itself from the retailer. And I'm thinking, this isn't

426
00:25:10.799 --> 00:25:13.400
<v Speaker 2>a whole lot different than straight out credit card debt,

427
00:25:13.480 --> 00:25:19.880
<v Speaker 2>except they say it's no interest, okay, until.

428
00:25:19.559 --> 00:25:21.440
<v Speaker 1>You miss payments, and then it starts to add up.

429
00:25:22.519 --> 00:25:27.480
<v Speaker 2>And to qualify, you don't need credit, you just qualify

430
00:25:28.519 --> 00:25:31.079
<v Speaker 2>and it's soft credit. You've already have a credit card,

431
00:25:31.200 --> 00:25:34.680
<v Speaker 2>and they don't care. They're not going to say you've

432
00:25:34.720 --> 00:25:38.000
<v Speaker 2>maxed out. They just don't care. And so it's easier

433
00:25:38.000 --> 00:25:42.680
<v Speaker 2>to do this now layaway plans. I remember as a kid,

434
00:25:42.759 --> 00:25:46.640
<v Speaker 2>this was before the advent of the ubiquity of credit cards.

435
00:25:47.240 --> 00:25:50.720
<v Speaker 2>Where everybody uses credit cards. I use credit cards, but

436
00:25:50.799 --> 00:25:52.440
<v Speaker 2>I pay mine off at the end of the month

437
00:25:52.640 --> 00:25:55.640
<v Speaker 2>for two reasons. One is I don't spend that much

438
00:25:55.640 --> 00:25:58.440
<v Speaker 2>on credit cards. I live under my means. And two,

439
00:26:00.200 --> 00:26:04.200
<v Speaker 2>I make a good enough living that I'm able to

440
00:26:04.240 --> 00:26:05.519
<v Speaker 2>pay them off. But a lot of it has to

441
00:26:05.519 --> 00:26:08.359
<v Speaker 2>do with living within your means, which I have basically

442
00:26:08.480 --> 00:26:09.440
<v Speaker 2>my entire adult life.

443
00:26:11.240 --> 00:26:14.279
<v Speaker 1>And so it used to be the Layoway plans. You

444
00:26:14.319 --> 00:26:16.359
<v Speaker 1>would go to a store and.

445
00:26:16.319 --> 00:26:19.759
<v Speaker 2>You'd pick out an item, and you would put a

446
00:26:19.799 --> 00:26:23.200
<v Speaker 2>given amount of money down, real cash, not borrowed money,

447
00:26:24.079 --> 00:26:26.960
<v Speaker 2>and six months later, when you've made six payments over

448
00:26:27.000 --> 00:26:28.279
<v Speaker 2>this thing and that was the.

449
00:26:28.240 --> 00:26:31.640
<v Speaker 1>Cost, you take it home. It was a true Layoway plan.

450
00:26:32.680 --> 00:26:37.519
<v Speaker 2>You paid for it with real cash. The retailer got

451
00:26:37.519 --> 00:26:41.119
<v Speaker 2>the money up front for six months or eight months

452
00:26:41.200 --> 00:26:45.039
<v Speaker 2>or three months, and then you got the product. Well,

453
00:26:45.279 --> 00:26:48.960
<v Speaker 2>today it's you get the product now, and you pay

454
00:26:49.000 --> 00:26:55.200
<v Speaker 2>for it over spell of months and you use your

455
00:26:55.200 --> 00:27:00.440
<v Speaker 2>credit card usually and you are at risk. Hey, you're

456
00:27:00.480 --> 00:27:05.839
<v Speaker 2>at risk anyway. You know, the bottom line is just

457
00:27:05.880 --> 00:27:07.440
<v Speaker 2>be responsible and what you buy.

458
00:27:07.480 --> 00:27:08.640
<v Speaker 1>And I know it's hard not to.

459
00:27:09.319 --> 00:27:11.880
<v Speaker 2>I know when you have kids, g Dad, I'd really

460
00:27:12.000 --> 00:27:15.559
<v Speaker 2>like this, and I didn't have that problem as a kid.

461
00:27:16.400 --> 00:27:19.400
<v Speaker 2>I would get you know, was Honica time ago. G Dad,

462
00:27:19.440 --> 00:27:21.119
<v Speaker 2>here's a list of what I'd like, and I'd get

463
00:27:21.119 --> 00:27:24.599
<v Speaker 2>a stick. Here, go play with this. It's a branch.

464
00:27:25.640 --> 00:27:27.640
<v Speaker 2>So of course I went the other way. And when

465
00:27:27.680 --> 00:27:30.400
<v Speaker 2>my kids were little, I got them way too much.

466
00:27:31.279 --> 00:27:36.160
<v Speaker 1>And now no, no, not a chance.

467
00:27:38.039 --> 00:27:40.960
<v Speaker 2>What I say now is, hey, remember when I got

468
00:27:41.039 --> 00:27:44.599
<v Speaker 2>you fourteen, when you were fourteen years old, that was

469
00:27:44.640 --> 00:27:49.119
<v Speaker 2>your Hanukkah present for the next fifteen years. Much easier.

470
00:27:49.400 --> 00:27:53.000
<v Speaker 2>So I don't use this. And I'm going to suggest

471
00:27:53.039 --> 00:27:57.400
<v Speaker 2>that you'd be really careful about these, because not only

472
00:27:57.440 --> 00:28:01.400
<v Speaker 2>are you going to be in debt to the retailer,

473
00:28:01.960 --> 00:28:04.519
<v Speaker 2>to the people that sold it to you, but also

474
00:28:04.599 --> 00:28:06.160
<v Speaker 2>if you use a credit card, it's going to be

475
00:28:06.200 --> 00:28:06.799
<v Speaker 2>a double hit.

476
00:28:07.920 --> 00:28:09.079
<v Speaker 1>And it's happening.

477
00:28:08.880 --> 00:28:14.799
<v Speaker 2>More and more and more. The firm Adobe Analytics Well

478
00:28:14.839 --> 00:28:20.279
<v Speaker 2>regarded forecasts that from the period November one to December

479
00:28:20.319 --> 00:28:22.839
<v Speaker 2>thirty one, eighteen and a half billion dollars worth of

480
00:28:22.839 --> 00:28:26.839
<v Speaker 2>goods will be people will use the pay now, buy now,

481
00:28:26.920 --> 00:28:30.000
<v Speaker 2>pay later program.

482
00:28:30.119 --> 00:28:32.200
<v Speaker 1>You just got to be really really careful.

483
00:28:32.440 --> 00:28:36.720
<v Speaker 2>But then you have to be really really careful anyway KFI.

484
00:28:36.279 --> 00:28:39.480
<v Speaker 1>AM six forty live everywhere on the iHeartRadio app. You've

485
00:28:39.480 --> 00:28:41.039
<v Speaker 1>been listening to the Bill Handle Show.

486
00:28:41.160 --> 00:28:44.519
<v Speaker 2>Catch My Show Monday through Friday, six am to nine am,

487
00:28:44.559 --> 00:28:48.000
<v Speaker 2>and anytime on demand on the iHeartRadio app.
